ALT COINs breaking the almost 2 year descending channel

I made an interesting comparison between the TOTAL3 (ALT COIN Market Cap, i.e, excluding BTC and ETH) and the BTC Market Cap.

As you can see this ratio just broke the 2 year descending channel with big volumes, projecting a 1:1 capitalization between the two.

Heres are some key notes:

• The RSI and MACD bullish divergences also suggest a strong trend reversal.
  
  
• BTC Market Cap can easily reach 3 trillion dollars, the 2.618 fibonacci extension. This is a reasonable assumption since, in the last run, it reached the 4.236 extension quite fast. If both market caps should match - and my projection gets it's way - that means a 2 trillion dollars increase in the ALT COINs market capitalization (almost 3x)

I've been accumulating on a couple of alts since the end of last year, and I hope now is the time to bring some returns on that.

Stay safe!